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    RDC-Davao to tap gold deposits
    in Compostela Valley worth $18B
     
    By Cai U. Ordinario
    Reporter
     

    IN the interest of speeding up mineral exploration in the Davao region, the Regional Development Council (RDC) XI (Southern Mindanao) has urged the Department of Environment and Natural Resources (DENR) to allow its regional office to directly issue mineral-exploration permits.

    RDC XI vice chairman and National Economic and Development Authority (Neda) regional director Nicasio Angelo Agustin said that by doing this, the country will now be able to tap vast gold deposits in Compostela Valley, estimated to cost $18 billion.

    The vast gold deposits in Compostela Valley prompted the RDC to name the province as Davao Oriental’s mineral hub. Apart from this, plans are also underway to build a railway system that will connect the mining areas in the two provinces to the port of Mati City, which has been designated the region’s mineral port.

    “Facilitating the issuance of mineral-exploration permits is one of the ways the council will be pursuing to successfully implement the region’s industry cluster strategy, especially for mining,” said Agustin in a statement.

    “Cutting down the time and cost of doing business with the region’s mining industry could spark more investments that will ultimately develop the industry and reduce poverty in the two provinces,” he added.

    The recommendation of the RDC to the DENR will not only contribute to the decentralization efforts of the national government but is also in line with the newly organized Regional Mineral Development Council  XI chaired by the regional executive director of DENR XI.

    The RDC is taking the development of its mining industry to heart and has even organized a meeting for various mining stakeholders through the Responsible Mining Forum slated on August 7 and 8 in Davao City.

    The forum is a joint undertaking of RDC XI, the Mindanao Business Council, and the DENR. It aims to provide a venue for stakeholders to exchange views on how to pursue the sustainable development of the region’s mining industry.

    With the theme “Sustainable Regional Development Through a Strengthened Mining Industry,” the two-day consultation also intends to address the issues and gaps affecting the implementation of the National Mineral Action Plan.

    Agustin also disclosed that all mining stakeholders in Mindanao will be invited to ensure that wide-ranging issues can be discussed.

    He said stakeholders would also be asked to identify strategies that will accelerate investments in the region’s mining industry and institutionalizing mechanisms to ensure responsible mining.

    The Neda RDC chief emphasized that based on the recommendations of the stakeholders, RDC XI will define the directives to monitor the operations of mining firms, for the full development of the industry.

    These directives, Agustin said, will ensure that the mining firms take good care of the environment and address the concerns of communities, especially the indigenous peoples, who may be adversely affected by their mining operations.

    “The fundamental rule is to sustain efforts to develop the mining industry, but there is a need to protect the environment through strict enforcement of mining laws and policies that ensure the industry’s sustainable development,” he said.

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